Seedcamp raises $320M for its new fund to expand its US footprint

Seedcamp closed its latest fund at $320 million on June 10, 2024, marking a significant expansion into the United States after 18 years of focusing on European early-stage investments. The firm, which has backed companies like Revolut and UiPath, plans to leverage this new capital to identify and support promising startups across the Atlantic. This strategic shift signals Seedcamp's ambition to broaden its global reach and tap into the dynamic US venture capital landscape. The fund's deployment will focus on early-stage companies, continuing Seedcamp's established investment thesis. This move is expected to strengthen its portfolio with a more geographically diverse set of innovative businesses, potentially leading to new high-growth success stories.